havells chart analysis for intraday and swing trading
Price after a big bull run trades sideways and now its all set to break the box pattern. Wait for the break and trade.
A Triangle pattern with a respected trendline and a higly support zone.Good Beakout and Retest of a triangle pattern is seen in Havells daily Chart.Go for long position with pivot levels as target.
NSE:HAVELLS Today, 16-07-2021, it hit our all 3 targets. Even made day high at target -4 which was not mentioned before. And Today it closed above our 3rd Target. this will act as good support zone. Don't take buy trade if the stock is trading below this range. You can only take fresh buy trade above 1076 only. And once it breaks the 1100 resistance then...
Havells if it breaks current level suscessfully then we can see +1200 in this
-possible breakout of flag pattern. -bounced from support zone so expecting to atleast reach the nearest resistance zone. - if breakout is sustained we can expect 10-12% gain from current levels
havells ready to fire up with target of 1100. buy @ 1045 for target 1100 stop loss 1014.65. disclaimer: this is for educational purpose. Trading on this counter is individual's choice.
NSE:HAVELLS Green Lines = support. Consider it as your Target if you short/sell it after the mentioned level. Red lines = resistance. Consider it as your Target if you go long/buy it after the mentioned level.
Havells is consolidating after making 52W high in Jan. It has bounces back from short term support. Maybe Q1 numbers will also affect it in any side. Keep in mind. Bullish momentum may be seen after breakout. Post just because I like to share my analysis. This post is for information purpose only.
HAVELLS :- 1. weekly flug pattern formed annd breakout 2. wait immedity resistance break level after expect T 1 and T2
Buy Havells Stoploss 990 Target 1040 Demand and Supply Structure: Double Bottom pattern Breakout + Retest Structure
Havells looks good above 1046 for intraday traders on 12th July 2021. TL breakout on CLB in daily time frame.
entry the stock right after breakout and ride the profit till 1080 and also has better risk reward.
Havells formed symmetrical triangle pattern in 15 min chart. May continue its uptrend rally. Note: If you find any corrections in chart/idea please let me know. It will help me to improve myself :)
Positional Trade: Buy: Havells India Last Closing Price: 1022 Target: 1080 Stop Loss: 1000 Holding Period: 2-3 Weeks